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Blog comments do not reflect the views or opinions of the Author or Ancel Glink. Some of the content may be considered attorney advertising material under the applicable rules of certain states. Prior results do not guarantee a similar outcome. Please read our full disclaimer

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Wednesday, November 25, 2015

One
source of revenue that is currently being held up because of the State of Illinois' budget
impasse is the motor fuel tax revenue that many township road districts and other government entities rely on for
purchasing salt. House Bill 4305 is currently pending in the General
Assembly and proposes to fix the problem with the funds being barred from
release. This legislation, if passed, permits the State to release MFT
funds, along with other funds such as lottery payouts, notwithstanding a lack
of an agreement on the State budget.

On
November 10, 2015, the House passed the Bill. It is likely that this
legislation will pass the Senate and become law in early December. In the
meantime, it has already snowed, and not all road districts or other government entities have sufficient
funds on hand to continue to purchase salt for snow operations. What can
road districts or other government entities do to fund salt purchases until MFT funds are released?
One alternative is to use intergovernmental agreements to “borrow” salt from
other governments who may have an excess of salt on hand at the beginning of
the season. If you have questions about the bill or need assistance on an IGA, please contact Keri-Lyn Krafthefer at 312-604-9126.